Finance & Economics | WPN World People News

This week 24 innovative clean-tech startups graduated from Vietnam’s first-ever Clean Tech Bootcamp. This program helps small- and medium-size enterprises (SMEs) develop and bring to market innovative clean-energy and energy-efficiency solutions and adaptation technologies in the areas of transportation, agribusiness, and water management.

Prices of most commodities, particularly oil, are expected to remain weak for the remainder of this year and through much of 2015, says the World Bank’s latest issue of Commodity Markets Outlook, released.

Key Wall Street indexes fell sharply on Wednesday as new economic data from the U.S. added to concerns about the health of the global economy. Although benchmark indexes later recovered from their session lows, the losses threatened to wipe out most of the gains made this year. The volatility is a normal part of a healthy market - but experts say the market is overdue for a major correction.

Korea has made significant progress towards decentralising the management of employment and training programmes, but can still do more to create stronger links with employers at the local level, according to a new OECD report

Employment rates
Employment as a percentage of
the working-age population (Left)
Change in OECD employment rates
Percentage points (Right)

As Mozambique prepares to vote Wednesday, the nation has clearly progressed beyond its reputation as a war-ravaged southern African nation that struggled for decades to piece itself together. Mozambique is full of economic promise, thanks in part to huge natural gas reserves.

OECD Harmonised Unemployment Rates, s.a.

(1) For the United Kingdom, data refer to June 2014, compared to May 2014 and June 2013‌‌‌‌‌

José Badia, Principality of Monaco’s Minister for Foreign Affairs and Cooperation and William Danvers, Deputy Secretary-General of the OECD. Paris, France.